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DEED OF ABSOLUTE SALE

This DEED OF ABSOLUTE SALE made in this ........day


of ............. 2022

BY AND BETWEEN

1. NAME AND ADDRESS OF THE


VENDOR/BUILDER/DEVELOPER:-

DPM INFRASTRUCTURE & HOUSING PVT. LTD. having


regd. office at Indu Shree Apartment, Sur Sudha Lane, Boring
Canal Road (E), Opp. Singh Bajaj, Patna – 800001, through its
Director Pankaj Kumar Singh, Son of Sri Ram Bilas Mahto, Indian
Citizen, herein after referred to as the
“VENDOR/BUILDER/DEVELOPER” which expression shall
unless executed or repugnant to the subject or context be deemed to
include his heirs, executors, administrators, legal representatives,
assignees and successors-in-interest of the FIRST PART.

PAN No:

Mobile No:

2.NAME AND ADDRESS OF THE VENDEE/PURCHASER:-

MEERA PANDEY, D/O- Sri Vedanand Pandey, R/O Village-


Gandoul, P.O.- Majhaul, Saharsa, Distrcit- Saharsa- 852124, Bihar,
Indian Citizen, Which expression shall unless executed or
repugnant to the subject or context be deemed to include his heirs,
executors, administrators, legal representatives, assignees and
successors-in-interest of the OTHER PART.

PAN:
3. NATURE OF THE DOCUMENT

DEED OF ABSOLUTE SALE

4. VALUATION OF PROPERTY:-

Total consideration amount Rs. 20,81, 225/- (Twenty Lakh


Eighty one Thousand Two Hundred twenty five) only but stamp
duty paid on the Government valuation of Rs.
__________________________________/-(Rs. ) only.

5. FULL PARTICULARS OF THE PROPERTY HEREBY


CONVEYED:

ALL THAT, Piece and parcel of 2 BHK residential flat No- 104
on 1st floor including one reserved car parking space on the
Ground Floor of "DPM PEARL" Apartment having super built
up area of 940 sq. ft. The land Measuring about 5450 sq. ft,
equivalent to 12.5 decimals, undivided, proportionate share of the
land of common assets and common area including all amenities,
and fixtures within the limits of Khagaul Nagar Parisad, Danapur,
Patna, constructed fully residential building known as "DPM
PEARL" situated at Mauza- Lakhni Bigha, Pargana - Phulwari,
Than and Sub Registry Danapur and Sadar Registry Office Patna
bearing Thana No.-41, Tauzi No.-5225, and Khata No.-135,
Cadastral survey Plot No.-1290 & 1291, under the Khagaul Nagar
Parisad, Danapur, Patna, and the same is bounded butted as
follows:
BOUNDARY OF THE APARTMENT

NORTH: SRI SUBODH KUMAR ROY

SOUTH: ROAD

EAST:SURVEY AAHAR

WEST: SRI ARJUN KUMAR DAS

BOUNDARY OF THE FLAT NO. 104

NORTH:- OPEN AREA

SOUTH:- FLAT NO. 105

EAST:- OPEN AREA

WEST:- FLAT NO. 103

RECITALS

WHEREAS, the Land owner SMT. URMILA DEVI,W/O SRI


RAM BILAS SINGH, resident of Village + P.O.- Shiwar, P.S.-
Roh, District- Nawada- 805107, is owner and possessor and
sufficiently entitled to the free hold of land fully described in Col.
No. 5 of this deed, this is the self-acquired property of the land
owner registered in the office of Sub Registrar Danapur in Book
No.1, Volume No. 113, on pages 578 to 598 bearing Deed no.
6613/2013, Token No. 6907/ 2013 dated 01.06.2013, and land
owner has absolute right title, interest in the said property and they
mutated their names and rent receipt are being issued in their name
respectively and since then have come into peacefully continuous
possession over the said property and paying rent to Government
sarista. Thus owner has full right to Sell / Develop and Construct
anything on the aforesaid property as absolute owner.

AND WHEREAS, land owner namely SMT. URMILA


DEVI,W/O SRI RAM BILAS SINGH, resident of Village +
P.O.- Shiwar, P.S.- Roh, District- Nawada- 805107, executed and
registered a Development agreement with the Developer for the
construction of multi storied building.

AND WHEREAS DPM INFRASTRUCTURE & HOUSING


PVT. LTD, being seized and possessed of land otherwise
sufficiently entitled to the free hold described in the column no.5 of
this deed, for construction of a multi-storeyed residential building
complex and would develop and construct a residential building at
his own cost and allot and, give to the land developer /vendor share
in the built-up area of the said building complex in the shape of
Flats & car parking spaces etc. As consideration for the value of
the share in the said land to be given by the land owner to
Developer /vendor.

AND WHEREAS, the aforesaid land owner Smt. Urmila Devi


offered the developer to Develop and construct at its own cost a
residential building complex (hereinafter referred to as "the said
building') on the said land and the aforesaid Developer / Vendor
agreed to accept and acquire flats and car parking spaces etc in the
said land to be conveyed by the Land owner to the Developer or its
nominees including a cooperative housing society, firm,
association of persons a body corporate etc.

AND WHEREAS, on the account of negotiations between the


parties and upon representations and declarations made by them, a
Development agreement has been entered into between them on the
terms and conditions as mentioned therein;

AND WHEREAS, under term of the said developer agreement,


the Vendor / Developer agreed to develop the aforesaid piece of
land and to construct a multi-storeys building complex thereon for
residential purposes at its own cost on the condition of sharing of
built-up area as well as the subject piece of land in the ratio 53:47
between the Developer and the Land owner.

AND WHEREAS, in pursuant to the said Developer agreement


and in execution of the terms and conditions contained therein, the
Developer / Vendor got a construction plan of the proposed multi-
storeys building complex sanctioned by the Patna Regional
Development Authority.

AND WHEREAS, the Developer / Vendor / Builder in terms and


condition of above Development Agreement has decided to
construct and sell a multi stories residential building in the
aforesaid land in the name of "DPM PEARL" and whereas the
First party got the plan prepared for building to be constructed on
the said land which has been approved under Plan case
No._____________.

AND WHEREAS, according to terms and condition of above


Development Agreement a memorandum of partition of share in
proposed building has been executed between the Land Owners
and the builder and according to said partition several flats and car
parking space on ground floor has been allotted to the
builder/Developer exclusively and the said unit hereby sold to
Vendee has been allotted in the share of developer and the land
owner has no concern from the same.

AND WHEREAS, by a Registered Agreement For Sale in writing


dated 08.08.2016,bearing Deed No.9321, which is Registered in
the office of the Sub Registrar Danapur in Book No. 1, Volume
No. 201, C.D. No. 31/ year 2016, Page No. 29 to 49, accordingly
the stamp duty and others fee has been already paid by the vendee.
The Developer agreed to sell and the purchaser agreed to purchase
ALL THAT flat no. 104 on the 1st floor including one reserved car
parking space on ground floor, more fully described in second
schedule in this deed and for an aggregate consideration of Rs.
20,81,225/- (Twenty lakhs Eighty one Thousand Two Hundred
twenty five) Only.

AND WHEREAS, the purchaser has paid the entire consideration


of Rs. 20,81,225/- (Twenty lakhs Eighty one Thousand Two
Hundred twenty five) Only, for the flat etc. the receipt whereof the
vendor of the first part cloth hereby as well as under the memo of
consideration amount set out hereunder admitted and acknowledge
and of and from the same and every part thereof cloth hereby
acquit, release and forever discharge the purchaser and / or the said
unit hereunder conveyed and obtained possession of the said unit.

AND WHEREAS, at the request of the vendee above named, the


vendor fully mentioned in the column no. 5 of this deed, above has
agreed to ABSOLUTE SALEDEED, the residential flat no. 104
on the 1stfloor including one reserved car parking space on ground
floor, of the said building, having super built up area of 940 sq. ft
together with undivided share in the land, common spaces.

AND WHEREAS, there is no hitch left now in execution and


registration of the indenture of sale in respect of the said residential
2 BHK residential flat No- 104 on 1 st floor including covered one
reserved car parking space on ground floor, as the vendee has
agreed to pay the entire Stamp Duty and other levies, taxes and
expenses to be incurred.

NOW THIS INDENTURE WITESSETH AS FOLLOWS:

That in pursuance of the said Agreement and in consideration of


the aforesaid flat no. 104 on the 1st floor including one reserved car
parking space on ground floor, admeasuring 940 sq ft. of super
built up area with the undivided proportionate share in the land and
the common space in the building knows as "DPM PEARL"
situated at its present and popular location known as opposite
DRM Office, Church Road Lakhani Bigha, Near Danapur Station,
Patna. More fully described in column no.5 of this deed. The
vendee has paid full consideration amount to the vendor of Rs.
20,81, 225/- (Twenty lakhs Eighty one Thousand Two Hundred
twenty five Only) of the said Flat and parking space, by way of
cheque bearing no. 00048 and 00049 drawn on Andhra Bank in
favour of the vendor at the time of the execution of agreement to
sale and the remaining amounts through loan account maintained in
the State Bank of India more particularly described in Schedule
____ of this Deed, the receipt of which is hereby acknowledged
and confirmed by the vendor .The vendor in his sound body, mind
and health received the said amount prior to the execution of this
deed.

1. That the vendee shall have all right, title and interest in the said
2 BHK residential flat No- 104 on 1st floor, with a one reserved car
parking space on the ground floor and the proportionate share in
the land and they shall HAVE, HOLD, and ENJOY Without any
let or hindrances, obstructions, claims, demands, whatsoever form
the Land owner or Builder/ Vendor or anybody claiming, through
them.

2. The VENDEE shall also be entitled to sell, mortgage, lease or


otherwise transfer the said 2 BHK residential flat No- 104 on 1st
floor, along with one reserved car parking space to any one without
the consent of the Vendor, with prior information in writing to.

3. That the land owner bear the land sold in respect of the property
conveyed up to the date of this deed and the vendee shall bear the
allocable portion thereof hereafter in respect of property conveyed
to him.

4. That the vendee shall be entitled to have the property mutated in


their name in all the Government/ Municipal and other records and
henceforth pay the taxes on the said property in his own name and
at his own cost and expenses.

5. That the said flat shall belong to the vendee and that apart
belong to the common walls and columns, which shall jointly
belong to the vendee and owner or owners of the adjoining flat,
entitle the internal walls shall belong to the vendee.
6. That all cost of maintenance, operation repairs, replacing, white
washing, painting, rebuilding, reconstructing, decorating,
redecorating and lighting the common parts including the other
parts of the said projects parking space and boundary walls and that
of generator, water pump, tube-well, and overhead tank, water pipe
line, sewerages, rain water and/soil pipes etc., shall be paid by the
VENDEE as COMMON Expenses.

7. That the Save and except what are hereinbefore provided the
right and liabilities of the parties shall be government by the law in
force as between and vendor and purchaser.

8. That the salaries and other expenses of all persons employed for
common purposes of the said building shall be paid by the
VENDEE as COMMON EXPENSES :-

1. That insurance Premium for insuring the project building against


earthquakes, lightning, fire, mob-violence, civil commotion etc., if
insured, shall be remunerated by the VENDEE himself.

2. Cost of establishment and operation of the


Builder/Association/Co-operative Society PVT.LTD, Company
relating to the common purposes along with the replacement,
renovation painting and /or periodic repainting or repairing of the
common parts of the building shall be paid by the VENDEE as
COMMON Expenses.

3. That the vendee or their heirs shall not claim or make demand
for partition in the property at present or in future and their interest,
right and title shall remain undivided in jointness.
4. That the VENDEE have no right for any external alleviation in
the said flat and alteration in structural framework of the said flat
internally or externally.

5. That the VENDEE agrees and undertake to obey the rule and
regulations of the society and to pay the maintenance charge to the
said building Management committee Society of "DPM PEARL"
regularly and punctually in his proportionate share or as may be
determined and fixed be the said Managing Committee, which will
be final and shall always, be acceptable by the VENDEE and he
also agree to pay entry fee levied by the Society to the said society
of the Apartment.

6. That the purchaser/Vendee shall not be entitled to do anything or


permit anything to be done which might cause discomfiture,
annoyance or nuisance to other occupiers of the said building.

7. That the VENDEE shall not use the flat for any purpose other
than those intended to i.e. he shall use the flat only for residential
use, and shall not store or bring in any hazardous, inflammables or
obnoxious goods, materials or articles either in the said flat.

8. That the Purchaser shall bear and pay for all the expenses, fees,
stamp duty, Registration charges and other incidental outgoings in
relation to these presents as also of the Deed of Transfer or
Conveyance in relation to the said flat as applicable, such expenses
shall be born and paid by the VENDEE at all time.

DETAIL SCHEDULE OF FLAT NO.104 IN “DPM PEARL”

a. Total area of Land Apartment :- 5450 sq. Ft.

b. Total built up Area of the Apartment :- 12600 sq. Ft.


c. Proportionate share of the Land :- 406.58 sq. ft.

d. Super built up area of FLAT NO.104 :- 940 sq. ft.

e. Total Govt. Value of the Flat :- Rs.

f. Total value of Proportionate share of the Land :- Rs.

g. Value of the Car parking space :- Rs.

h. Total Gov. Value :- Rs.

(RS. ) Only.

DETAIL SCHEDULE OF PAYMENT :-

Sl No. Mode of Payment Amount

1. Advance Payment for booking and agreement Rs. 5,18,750/-

through Cheque No. 000048 and 000049.

2. First Instalment: through SBI home loan account no. Rs. 4,16,245/-

36025139223 of the vendee.

3. Second Instalment: through SBI home loan account Rs. 3,12,184/-

no. 36025139223 of the vendee.

4. Third Instalment: through SBI home loan account Rs. 3,12,184/-

no. 36025139223 of the vendee.

5. Fourth Instalment: through SBI home loan account Rs. 3,12,184/-

no. 36025139223 of the vendee.

6. Fifth Instalment: through SBI home loan account no. Rs. 2,06,799/-

36025139223 of the vendee.


7. Miscellaneous Charges: through Cheque No. 000136 Rs.2,00,000/-

from Account No. 155210025000252

8. At the time of Possession and Registry. Rs. 1,04,061/-

Certified that land of this deed is free from all kinds of


encumbrances acquisition and requisition, lies, charges and
attachments and also free from Khas Mahal, Garmazarua, ceiling,
Bhoodan, Red Card, Kaiser-e-hind, Religious trust Board, waqf
Board and other kinds of Government land. If the said land is
found effected the vendor of this deed shall be liable and
responsible for the same. And that there is no more payment of any
amount pending to be made by the Vendee in the interest of
Vendor.

IN WITNESS WHERE OF, the above named VENDOR and the


VENDEE have put their respective signature on this Deed of
Absolute Sale after going through the contents of this deed and
fully understanding the implications of the transactions on this ......
Day of .............. 2022 in presence of below noted attesting
witnesses.

NAME AND ADDRESS OF THE WITNESSES:

1.

(Pankaj Kumar Singh)

SIGNATURE OF THE VENDOR


PAN:

2.

(MEERA PANDEY)

SIGNATURE OF THE VENDEE

PAN:

This deed of Absolute sale is drafted by me according to the


directions of the VENDOR and the VENDEE and on basis of the
available papers and document-

Drafted
by:-

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